SGC(SH:603269)2018-04-25 16:00Financial Performance - Net profit attributable to shareholders was CNY 8,922,353.55, an increase of 54.37% year-on-year[6] - Operating revenue reached CNY 119,192,073.36, reflecting a growth of 9.14% compared to the same period last year[6] - Basic earnings per share increased by 25% to CNY 0.10 from CNY 0.08 in the previous year[6] - The total profit for the period reached ¥10,781,291.26, an increase of 52.11% compared to the previous period's ¥7,087,780.29[13] - Net profit attributable to the parent company was ¥8,922,353.55, reflecting a growth of 54.37% from ¥5,779,959.39 in the same period last year[13] - The company reported a significant increase in investment income, which rose by 89.50% to ¥582,288.37, compared to ¥307,281.57 in the previous year[13] - The net profit after deducting non-recurring gains was CNY 5,569,245.21, a year-on-year increase of 2.87%[6] - Net profit for Q1 2018 reached CNY 8,955,322.23, representing a 51.0% increase from CNY 5,896,903.55 in the same period last year[36] - The company's operating revenue for the current period is ¥99,754,905.39, an increase of 2.4% compared to ¥97,384,838.85 in the previous period[39] - The net profit for the current period is ¥7,701,960.12, representing a 52.3% increase from ¥5,066,700.44 in the previous period[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,217,288,764.47, a decrease of 1.94% compared to the end of the previous year[6] - The company's total assets amounted to RMB 1,217.29 million, a decrease from RMB 1,241.43 million at the beginning of the year[27][30] - The company's current assets totaled RMB 981.59 million, down from RMB 1,003.01 million at the beginning of the year[28] - The company's total liabilities decreased to RMB 568.77 million from RMB 605.62 million at the beginning of the year[29] - Total liabilities decreased to CNY 510,125,777.45 from CNY 563,708,491.59, a reduction of 9.5%[32] - The total equity of the company increased to CNY 600,092,532.28 from CNY 588,228,966.62, an increase of 2.9%[33] Cash Flow - The net cash flow from operating activities was negative at CNY -1,719,584.16, a decline of 121.21% year-on-year[6] - The cash flow from operating activities shows a net outflow of ¥1,719,584.16, a decrease from a net inflow of ¥8,108,187.20 in the previous period[41] - Total cash inflow from operating activities was 85,020,045.09 RMB, down 16.2% from 101,458,262.35 RMB in the prior period[44] - Cash outflow from operating activities increased to 95,591,791.83 RMB, compared to 92,546,964.31 RMB in the previous period, reflecting higher operational costs[44] - The company reported a net cash flow from investment activities of -579,154.00 RMB, worsening from -146,610.00 RMB in the previous period[44] - The ending balance of cash and cash equivalents was 96,839,200.30 RMB, significantly higher than 22,563,329.12 RMB at the end of the previous period[45] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,943[10] - The top shareholder, Jin Ao Da, holds 19.16% of the shares, totaling 17,525,000 shares[10] Investments and Future Plans - The company plans to use up to RMB 100 million of idle raised funds for cash management, investing in financial products with high safety and liquidity[15] - The company plans to establish new subsidiaries in the United States and Indonesia, with total investments of up to USD 300,000 and USD 72,000 respectively[19] - The company will collaborate with its wholly-owned subsidiaries to implement the marketing network project across multiple international locations, including Malaysia and Thailand[18] - The company has established an industrial investment fund with a contribution of RMB 10 million, in collaboration with other investors[21] Operational Costs - Total operating costs for Q1 2018 were CNY 112,152,645.23, up from CNY 103,223,336.28, reflecting a rise of 8.9%[35] - The company paid cash for employee compensation totaling ¥16,829,321.21, an increase from ¥13,266,256.87 in the previous period[41]